Iran Declares Strait of Hormuz Fully Open During Ceasefire Period
Key global oil route to remain accessible for commercial vessels amid Lebanon ceasefire
Iran has announced that the strategically important Strait of Hormuz will remain fully open for commercial shipping during the ongoing ceasefire period linked to developments in Lebanon.
The statement was made by Iran’s Foreign Minister Abbas Araghchi, who confirmed that all commercial vessels are allowed to pass through the strait without restrictions for the duration of the ceasefire. He added that ships must follow the designated routes already announced by Iran’s Ports and Maritime Organisation.
The Strait of Hormuz is one of the most critical maritime passages in the world, with nearly 20 percent of global oil supply passing through it every day. The route serves as a vital export corridor for major oil producing countries in the region.
Nations such as Saudi Arabia, Iran, Iraq, Qatar, Bahrain, United Arab Emirates, and Kuwait depend heavily on this narrow waterway to transport their oil to global markets.
The announcement is expected to ease concerns over potential disruptions in oil supply during the ceasefire period, providing some stability to international energy markets.